News

Will Mortgage Rates Fall In 2015?

By Peter Miller, ContributorJanuary 5, 2015Mortgage rates are supposed to rise in 2015, at least that’s the prediction from the housing industry. According to real estate brokers, mortgage lenders and home builders the cost to finance a new loan is likely to hit 5 percent during the year and maybe more, although Fannie Mae offers a more conservative forecast, suggesting that rates will only reach 4.7 percent.Read Complete ArticlePrintEmail

Current News and Opinion

87 PERCENT OF U.S. HOMES QUALIFY FOR DOWN PAYMENT HELP ACCORDING TO REALTYTRAC AND DOWN PAYMENT RESOURCE ANALYSISBy RealtyTrac StaffFebruary 4, 2015RealtyTrac® (www.realtytrac.com), the nation’s leading source for comprehensive housing data, today released a joint analysis with Down Payment Resource on the availability of down payment programs across the country, which found that 87 percent of UBest Ski Towns for Real Estate Investing 2015 EditionBy Daren BlomquistJanuary 23, 2015Thanks to the popularity of the inaugural Best Ski Towns for Real Estate Investing list for 2014, the RealtyTrac editorial team sacrificed their precious holidays to endure the toils of travel to idyllic ski resort towns and the trials of rigorously How Much FHA Borrowers Can Save in House Payments Under Obama Proposal: County-Level AnalysisBy Daren BlomquistJanuary 16, 2015President Obama last week in a speech proposed lowering insurance premiums on FHA-insured loans by 50 basis points, and the U.S. Department of Housing and Urban Development claims this would save more than 2 million borrowers over the next three yearEmpowering Consumers Through Online DataBy Joel ConeJanuary 5, 2015With the dawning of the Information Age, real estate information — which used to be exclusive and propriety to the Realtors — has gone public, as massive amounts of data is being created and disseminated on the Internet. Why Principal Reductions Are Suddenly PopularBy Peter Miller, ContributorDecember 30, 2014If you want to buy foreclosed real estate from a lender it’s as easy as writing a check. The odds are overwhelming that you’ll pay a below-market price but such bargains are off-limits to one group: If you’ve been foreclosed you haven't been able to Where Wall Street is Most Likely to Cash out of the Single Family Rental Market By Daren Blomquist, RealtyTrac Vice PresidentDecember 16, 2014After nearly three years and hundreds of thousands of property purchases, the nascent single family rental industry is at a crossroads in terms of future growth and long-term staying power. Will Mortgage Rates Fall In 2015?By Peter Miller, ContributorDecember 15, 2014Mortgage rates are supposed to rise in 2015, at least that’s the prediction from the housing industry. Is Real Estate Ownership Now Beyond Reach?By Peter Miller, ContributorDecember 9, 2014Real estate predictions for the coming year suggest both increased sales and higher prices, but will that be the case?Rising Private Debt Holds Back Housing Market By Octavio Nuiry, Senior Staff WriterDecember 1, 2014As of September 2014, American consumers owe $11.71 trillion in private debt, up 0.7 percent from the second quarter of 2014, an increase of $78 billion, according to the Federal Reserve Bank in New York. Will New Government Protections Produce Fewer Mortgage Hassles?By Peter Miller, ContributorNovember 26, 2014With tens of millions of mortgages outstanding it might seem as though every possible loan question has been resolved, that the lending system would have an answer for absolutely any situation that might arise.